"We want to see Brazilian private investment in Angola and Angolan private investment in Brazil, but we also want Brazilian companies to continue participating in the recovery effort and in the construction of public infrastructure from scratch, as has already happened in the recent past," said João Lourenço, alongside his Brazilian counterpart, Lula da Silva, in a statement to the press at the Planalto Palace in Brasília.
The head of state, who was on a three-day state visit to Brazil, stated that Angola "still has a lot to build in terms of roads, highways, ports, railways, airports, energy and water infrastructure, water production and distribution".
João Lourenço stressed that he is counting "on Brazilian businesspeople to carry out these projects".
A priority is for “Brazil to reopen a financing line to cover export credit. This is being discussed and we believe it will be in the interest of both countries,” he announced.
Then, Lula da Silva, in a speech without the right to questions, said that the country is modernizing “the instruments for guaranteeing credit for exports.”
The Brazilian head of state then praised Angola, saying that “it has always been a good payer and paid off its debt five years in advance.”
"I will repeat it here for the Brazilian press to write in bold letters: Angola has always been a good payer and paid off its debt five years in advance," he reinforced.
"Therefore, no one should be afraid of selling anything in Angola or taking out any loan in Angola because Angolans are compliant with their duties," stressed the Brazilian head of state.
